Franklin Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 238,286 | 366,552 | −128,266 | 160.3 | 31% |
| 2012 | 47,092 | 276,940 | −229,848 | 202.2 | 41% |
| 2013 | −138,669 | 1,052,075 | −1,190,744 | 39.6 | 5% |
| 2014 | 70,707 | 1,644,660 | −1,573,953 | 13.4 | 0% |
| 2015 | 373,555 | 569,581 | −196,026 | 34.7 | 0% |
| 2016 | 361,397 | 199,120 | 162,277 | 109.0 | 0% |
| 2017 | 548,991 | 285,681 | 263,310 | 87.1 | 0% |
| 2018 | 433,105 | 883,229 | −450,124 | 22.0 | 0% |
| 2019 | 343,865 | 570,645 | −226,780 | 29.3 | 0% |
| 2020 | 108,106 | 255,260 | −147,154 | 101.3 | 0% |
| 2021 | 140,219 | 170,682 | −30,463 | 149.4 | 1% |
| 2022 | 157,781 | 245,355 | −87,574 | 99.6 | 0% |
| 2023 | −43,297 | 179,764 | −223,061 | 121.1 | 0% |
In its most recent public year (2023), this organization spent $223,061 more than it brought in. Its reserves stood at about 121.1 months of spending, down from 160.3 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Franklin Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works